Avalon Globocare issues $233,910 convertible note; three directors resign, three appointed

Avalon GloboCare Corp.

Note principal $233,910 (incl. $26,910 OID); net proceeds $207,000; matures Feb 15, 2027.
Conversion price at 75% of market price; default interest 22% p.a.; prepayable at discounts.
Directors Stilley, Tauzin, Troy resigned Feb 24; replaced by Felix, Mathews, Sanders on committees.
Resignations not due to any disagreement with company's operations, policies, or management.
Restrictions on asset sales without lender consent; conversion triggers 150% penalty upon default.

item 1.01 item 2.03 item 3.02 item 5.02 item 9.01

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accession 0001213900-26-020426

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